![]() ![]() This practice note is intended to assist parties who nevertheless wish to take a cautious approach, in the light of Mercury, where it is more convenient to have a virtual signing or closing and wet ink documents are not required for registration. the Court of Appeal decision in Koenigsblatt v Sweet 2 Ch 314 ( Koenigsblatt) remains the leading authority on the applicability of the principles of authority and ratification to the creation of legally binding written agreements.For more information see the legal status. This practice note is the Law Society’s view of good practice in this area, and is not legal advice. This practice note is intended to assist parties who nevertheless wish to take a cautious approach, in the light of Mercury, where it is more convenient to have a virtual signing or closing and wet ink documents are not required for registration.This is an evolving area of law and you should keep abreast of any relevant developments. the decision in Koenigsblatt should prevail where there is inconsistency between the two.the first instance decision in Mercury should be viewed as limited to its particular facts. ![]() the Court of Appeal decision in Koenigsblatt v Sweet 2 Ch 314 ( Koenigsblatt) remains the leading authority on the applicability of the principles of authority and ratification to the creation of legally binding written agreements.The options suggested are not exhaustive as it is not implied that virtual signings and closings cannot or should not be conducted in other ways. This practice note gives suggestions on good practice in light of the Mercury case and suggests different options for virtual signings/closings. virtual signings and closings where signature pages are exchanged by e-mail.R (on the application of Mercury Tax Group and another) v HMRC EWHC 2721 ( Mercury) has led to discussion about the effectiveness in English law of using: This document remains in the form issued on 16 February 2010. practice note on execution of a document using an electronic signature (21 July 2016).This practice note should be considered in conjunction with the: ![]()
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